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Sowerby Way, Durham Lane Industrial Park, Stockton On Tees

Warehouse for sale in Eaglescliffe, Stockton On Tees

£7,000,000 / 93,550 sq ft

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Highlights

Features

Full address
Sowerby Way, Durham Lane Industrial Park, Stockton On Tees TS16 0RB – Eaglescliffe
Asking price
£7,000,000

Sale details

There is 1 space available, measuring 93,550 sq ft.

Sale unit Available

Unit
Sale unit
Size
93,550 sq ft
Price
£7,000,000
Price per sq ft
£74.83
  • Offers are sought in excess of £7,000,000 for the freehold interest in the industrial unit (93,550 sq ft) let to Tetley GB Ltd on a 25 year FRI lease for £469,437 pa.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Sowerby Way, Durham Lane Industrial Park, Stockton On Tees

The property comprises a single storey production/warehouse facility which provides an extension to an existing Tetley GB industrial/office complex. The building is constructed around a steel portal frame under a pitched roof. The roof is a steel corrugated covering incorporating translucent rood lights which encompass approximately 10% of the floor area. The external elevations comprise plastic coated steel cladding which internal elevations comprise blockwork to the height of some 2 metres with plastic coated steel cladding above. The eaves height is approximately 10 metres.

The site occupies a prominent position on Durham Lane industrial park, will access on to Cleasby Way Off Durham Lane and Guiseley Way Off Sowerby Way. Durham Lane is approximately 2 miles south of the A66 Stockton Thornaby By Pass, next to the A135 at Eaglescliffe. Durham Lane Industrial Park Comprises over 400,000 Sq. Ft of Industrial accommodation. Neighbouring occupiers on Wass Way (Off Sowerby Way) include United Transport of Cummings.

Building subtype
Warehouse
Number of storeys
2
Ceiling height
32ft 8"
Total building area
93,550 sq ft
Rentable building area
93,550 sq ft
Lot size
6 acres
Construction material
Steel
Year built
1975
Parking
Surface

Map & nearby

Sowerby Way, Durham Lane Industrial Park, Stockton On Tees

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This industrial unit for sale is located in Eaglescliffe.

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Leasing team at Suttons Commercial

London, Gbr

www.theaskingprice.co.uk

Suttons, established in 1985, is a niche investment practice, specialising in buying and selling commercial investments in the UK for local and overseas clients. Their specialty is in the price range of £500,000 to £3,500,000 mainly let to Blue-chip Footsie 100 companies. With over 25 years of experience in commercial properties they pride themselves in providing a professional and friendly service. They act for individuals and Pension funds and have provided numerous investments for Doctors, dentists, solicitors, bankers, accountants and other professionals to put in their Sipp They make it their business to understand their client's requirement, and with a strong and experienced team, with a proven track record, they have gained the reputation of “The Property Professionals who deliver”. Suttons high rate of repeat business is testament to the excellent service they offer.

A profile photo of Rajiv Sabharwal
A profile photo of Rajiv Sabharwal

Rajiv Sabharwal, Director

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Suttons Commercial. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Suttons Commercial for full details and further information. 8210100